Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Reference was made to a draft letter of engagement. Once the amount was queried, it became evident the payment was to be split three ways, and clarification was sought from the firms afterwards. There is set out the fact that PIMCO, on examining the letter of engagement became aware and concerned about the fees and the manner in which they were to be split. It also demonstrates that PIMCO referenced the April or May 2013 date and made it explicitly clear that the fee arrangement went back to the point at which Brown Rudnick and PIMCO first discussed the transaction.